!"#$%&&''''''''''''''''''''& &
&
($)%''''&
&
*"+$%'''''''''''''&
!"##$%&'(%!)&(*%+&*",(*%-).%
%
/*(0-).1%%/#()2(%*(),%&'(%"3&*4,56&"43%2(6&"43%.(#47%)3,%)327(*%85(2&"432%9:%;%)3,%<%
%
=3&*4,56&"431%%,"+$)&-+)./$)-&")$&.0-$1+-&+2"+&3.4$&"0/&5"36&70&+2$&
-8)9"1$&79&+2$&5"+$)&.0&-375&#74.0:&-+)$"#-;&3"6$-;&"0/&+2$&71$"0&"-&
5$33<&=2$>&?$370:&+7&+2$&9"#.3>&@$))./"$<&&=2.-&9"#.3>&.-&#"/$&79&
.0-$1+-&17##703>&60750&"-&5"+$)&-+)./$)-;&5"+$)&?8:-;&#":.1&?8:-;&
A70/&-6"+$)-;&-6"+$)-;&-6.##$)-;&5"+$)&-177+$)-;&5"+$)&-6"+$)-;&
5"+$)&-6$$+$)-;&5"+$)&-6.##$)-;&5"+$)&-6.AA$)-&7)&B$-8-&?8:-<&
=2$)$&")$&")780/&CDD&60750&-A$1.$-&79&+2$-$&.0-$1+-<&
=2$>&")$&4$)>&-$0-.+.4$&+7&#7+.70&")780/&+2$#;&"0/&1"0&#74$&"+&"&
)"+$&79&"?78+&"&#$+$)&A$)&-$170/<&=2$>&8-$&+2$.)&"?.3.+.$-&+7&371"+$&
SUH\RQWKHZDWHU·VVXUIDFH:DWHUVWULGHUVHDW-#"33&.0-$1+-&"0/&.0-$1+&3")4"$&+2"+&9"33&70+7&
WKHZDWHU·VVXUIDFH<&&=2$&.0-$1+&A8-2$-&.+-&#78+2&.0+7&A)$>&"0/&-816-&+2$&.0-$1+&/)><&&E$$+&
,.33>&+2$&,"+$)&F+)./$)&G/.":)"#&+7&+2$&).:2+H<&&I$&2"-&"&A)7?3$#<&&F7#$+2.0:&.-&1"8-.0:&,.33>&
"0/&2.-&9"#.3>&79&-+)./$)-&+7&9"33&.0&+2$&5"+$);&.0-+$"/&79&?$.0:&"?3$&+7&5"36&3.6$&+2$>&8-8"33>&/7<&&
J?78+&+2)$$&5$$6-&":7;&-7#$70$&)$A7)+$/&+2"+&+2$&).4$)&5"-&12"0:.0:&"&9$5&#.3$-&8A-+)$"#<&
,QWKHSDVWZHHNVHYHUDORI:LOO\·VIDPLO\PHPEHUVVWURGHXSVWUHDPWRLQYHVWLJDWHEXW
"117)/.0:&+7&5.+0$--$-;&+2$>&9$33&+2)78:2&+2$&5"+$)<&=2$&0$5&"0/&/"0:$)78-&).4$)&5"+$)&-$$#-&
WREHJHWWLQJFORVHUWR:LOO\·VKRPHDQGKH·VFRQFHUQHGIRUKLVOLIH:LOO\QHYHUWKRXJKWDERXW
52"+&$0"?3$-&2.#&+7&5"36&70&5"+$)<&I$&"35">-&+776&.+&97)&:)"0+$/<&K8+&075&"-&2.-&3.9$&-$$#-&.0&
/"0:$);&2$&570/$)-&52"+&2$3A-&2.#&5"36&70&5"+$)<&($)2"A-&.9&2$&1"0&9.:8)$&+2"+&78+;&+2$0&2$&
1"0&3$")0&275&+7&-"4$&2.#-$39<&&
&
L< ,2>&")$&+2$&.0-$1+-&#$0+.70$/&"?74$&1"33$/&5"+$)&-+)./$)-M&
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''&
&
N< :KDWLV:LOO\·VSUREOHP"&
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''&
&
O< ,2"+&")$&5$&:7.0:&+7&.04$-+.:"+$M&&
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''&
&
&&&&&&&&&&&&
&
%
2++A%PP555<7A$0$)795">-<17#P.#":$-P$--">-P#$3"0.0P-+)./$)<QA:&
=>/?@ABCA%C?AD1%%B--%DEF=/>DCA%>F+A%GD%@=C+DH%!=AI%!BAD@%BCH%H@=DH%
GDJ?@D%GDK=CC=CK%AID%DL/D@=>DCAM
%
/)*&%B1%%%
=3N(2&"O)&"43%85(2&"431%%!')&%'4#,2%!"##$%43%&4P%4Q%&'(%7)&(*R%
E"+$)."3-%&,"+$)&R8A;&S7)6;&O&("A$)&R3.A-;&N&($+).&*.-2$-;&F7"A&R8A;&S7)1$A-&
%
&
"< S.33&"&($+).&/.-2&5.+2&+"A&5"+$)<&(8+&"&A"A$)&13.A&70&+2$&97)6&"0/&-3753>&375$)&+2$&97)6&
.0+7&+2$&5"+$)&-7&+2$&A"A$)&13.A&937"+-<&T+&#">&+"6$&#7)$&+2"0&70$&+)><&
?< =2$0&9.33&"&-$170/&($+).&/.-2&5.+2&"317273<&&U-$&+2$&-"#$&#$+27/&"-&-+$A&VL&+7&937"+&+2$&
A"A$)&13.A&.0&"317273<&
1< ,$)$&>78&"?3$&+7&#"6$&+2$&A"A$)&13.A&937"+&.0&+2$&"317273M&&'''''''''''&
/< @7&?"16&+7&+2$&A"A$)&13.A&.0&+2$&($+).&/.-2&5.+2&5"+$)<&*.A&"&0$5&A"A$)&13.A&.0&-7"A&5.+2&
+2$&97)1$A-<&U-$&+2$&-"#$&#$+27/&"-&-+$A&VL&+7&937"+&+2$&A"A$)&13.A&174$)$/&5.+2&-7"A&
.0&+2$&5"+$)<&&&
$< ,2$)$&>78&"?3$&+7&937"+&+2$&-7"A>&A"A$)&13.AM&&'''''''''''''''&&&
9< ,2"+&2"AA$0$/&52$0&>78&A3"1$/&+2$&-7"A>&A"A$)&13.A&.0&+2$&($+).&/.-2&5.+2&5"+$)M&&&
&
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''&
OM (8+&+2$&8-$/&A"A$)&13.A-&.0&+2$.)&A)7A$)&A3"1$<&&(78)&+2$&"317273&?"16&.0&+2$&A)7A$)&
?$"6$)<&&:H·OOGLVFXVVWKHUHVXOWVRI3DUW$ODWHUPRYHRQWR3DUW%IRUQRZ«%
&
&
&
/)*&%G1%%%
=3N(2&"O)&"43%/5*P42(1%%A4%#()*3%).45&%:DWHU·VRWKHUSURSHUW\%
E"+$)."3-%&&,"+$)&R8A;&F7"A&R8A;&(.A$++$;&($00>;&("A$)&R3.A&
&
!"##$%
"< K8.3/&"&LCWND&/)7A&5"+$)&/7#$&70&+7A&79&"&A$00>&ZRWKHGRPH´EXVWLQJµ<&&X776&"+&+2$&
/7#$PA$00>&9)7#&+2$&-./$&"+&$>$&3$4$3<&&F6$+12&52"+&>78&-$$&70&+2$&/.":)"#;&"?74$&
).:2+<&
?< (76$&+2$&5"+$)&/7#$&5.+2&+2$&A7.0+>&$0/&79&"&A"A$)&13.A&+2"+&2"-&?$$0&-+)$+12$/&78+<&
S45*%P)P(*%6#"P%2'45#,%34&%')N(%)3$%24)P%43%"&M%!)2'%"&%"3%6#()3%7)&(*%&4%.(%25*(M&
1< !75&/.A&+2$&A7.0+>&$0/&79&+2$&A"A$)&13.A&.0&-7"A<&&(76$&+2$&5"+$)&/7#$&5.+2&+2$&-7"A>&
A7.0+>&$0/&79&+2$&A"A$)&13.A<&&
/< ,2"+·VWKHGLIIHUHQFHM&&
(M (8+&+2$&8-$/&A"A$)&13.A&.0&.+-&A)7A$)&A3"1$<&&:H·OOGLVFXVVWKHUHVXOWVRI3DUW%ODWHU
PRYHRQWR3DUW&IRUQRZ«%
%
%
%
/)*&%T1%%%
=3N(2&"O)&"43%P5*P42(1%%G*()U"3O%&'(%&(32"43V%
E"+$)."3-%&&,"+$)&R8A;&($+).&*.-2;&($AA$);&F7"A&R8A;&(.A$++$&
&
"< S.33&"&13$"0&($+).&/.-2&5.+2&5"+$)<&&FA).063$&A$AA$)&74$)&+2$&+7A&79&+2$&5"+$)&3.:2+3>&-7&
#7-+&79&+2$&A$AA$)&937"+-<&
?< U-$&+2$&-7"A&A.A$++$&+7&A3"1$&70$&/)7A&79&-7"A&.0&+2$&1$0+$)&79&+2$&/.-2<&
&
1< ,2"+&/7&>78&7?-$)4$M&&
''''''''''''''''''''''''''''''''''''''''''''''''''''''&
,M Y.0-$&+2$&($+).&/.-2&.0&+2$&-.06<&&:H·OOGLVFXVVWKHUHVXOWVRI3DUW&ODWHUPRYHRQWR
3DUW'IRUQRZ«%
&
&
/)*&%H1%%%
=3N(2&"O)&"43%P5*P42(1%%/LNHRLODQGZDWHU«%
&
E"+$)."3-%&&,"+$)&R8A;&(.A$++$;&Z.3&G70&9)70+&/$-6H;&,"[&("A$)&
&
"< (3"1$&O&7)&\&/)7A-&79&5"+$)&70&/.99$)$0+&A3"1$-&70&+2$&5"[&A"A$)<&=)>&+7&A8-2&+2$&5"+$)&
/)7A-&+7:$+2$)&?>&?$0/.0:&8A&+2$&17)0$)-&79&+2$&5"[&A"A$)<&
&
?< ,2"+&/7&>78&7?-$)4$M&&
''''''''''''''''''''''''''''''''''''''''''''''''''&
1< (3"1$&O&7)&\&/)7A-&79&7.3&70&/.99$)$0+&A3"1$-&70&"&0$5&A.$1$&79&5"[&A"A$)<&&=)>&+7&A8-2&
+2$&7.3&/)7A-&+7:$+2$)&?>&?$0/.0:&8A&+2$&17)0$)-&79&+2$&5"[&A"A$)<&
&
/< ,2"+&/7&>78&7?-$)4$M&&
''''''''''''''''''''''''''''''''''''''''''''''''''''''''&
&
$< =2)75&+2$&5"[&A"A$)&.0&+2$&+)"-2&"0/&+2$&)$-+&79&+2$&#"+$)."3-&.0&+2$.)&A)7A$)&A3"1$<&&&
&
%
%
%
%
%
%
%
%
&
>4N(%43%&4%&'(%B3)#$2"2%E5(2&"432%&4%64WP#(&(%&'(%#).M%
C)W(1XXXXXXXXXXXXXXXXX%
%
/(*1XXXXXXXXX%
%
H)&(1XXXXXXXXXXXXX%
%
-BG%BCB-S+=+%0%!"##$%&'(%!)&(*%+&*",(*%%
B3)#$2"2%E5(2&"4321%%B327(*%&'(%Q4##47"3O%85(2&"432%52"3O%$45*%34&(2%)3,%4.2(*N)&"432%
Q*4W%&'(%#).%*(O)*,"3O%&'(%P*4P(*&"(2%4Q%7)&(*M%%
&
L<&,2"+&$0"?3$-&,.33>&+7&5"36&70&5"+$)M&&&
&
N<&*$9.0$&-8)9"1$&+$0-.70<&
&
O<&(")+&J%&&,2>&5783/&"&A"A$)&13.A&937"+&70&5"+$)&?8+&07+&70&"317273M&&&
&
\<&(")+&J%&&I75&/./&+2$&"//.+.70&79&-7"A&"99$1+&+2$&-8)9"1$&+$0-.70&79&5"+$)M&&&
&
C<&(")+&K%&&,2"+&A)7A$)+>&"3375$/&+2$&5"+$)&/7#$&+7&97)#&70&+7A&79&+2$&A$00>M&&&
&
]<&(")+&K%&&,2>&/./&+2$&/7#$&?)$"6&52$0&-7"A&5"-&"//$/M&&&
&
^<&(")+&R%&&,2"+&5"+$)&A)7A$)+>&"3375$/&+2$&A$AA$)&+7&937"+&70&+2$&5"+$)M&&&&
&
_<&(")+&*%&&,2>&/./&+2$&5"+$)&-3./$&70&+2$&5"[&A"A$)&+7&#"6$&"&?.::$)&5"+$)&/)7A&52.3$&+2$&7.3&
GLGQ·W"&
&
`<&,2"+&A)7A$)+>&79&5"+$)&5"-&?)76$&1"8-.0:&,.33>&+7&9"33&.0&+2$&5"+$)M&&